Volvo Group has acquired the US battery pack company Proterra out of bankruptcy, while its power solutions arm Volvo Penta is providing its BESS sub-system for EV charging infrastructure solutions.

Japan’s Marubeni Corporation working with Vietnamese battery and energy-as-a-service provider VinES to develop energy storage facilities.

Enel X and Magaldi Group have begun construction on 13MWh thermal energy storage plant based on patented technology.

TotalEnergies will deploy a solar PV and battery storage project at Holcim’s Portland Cement plant in Colorado.

Project claimed to be the first of its kind in the US, utilising the highest temperature thermal storage tech in the world has gone online.

ZincFive, a US company developing nickel-zinc battery technology for applications including data centre UPS has closed a Series D round.

Taiwan’s renewable energy goals will only be made possible with the deployment of energy storage, TCC chairman says.

Energy storage can improve power quality and reduce electricity costs for industrial entities in Mexico.

Thermal storage startup Antora Energy has raised US$50m from a group of investment firms including Bill Gates’ Breakthrough Energy Ventures to accelerate the development of its heat-based carbon block energy storage system for heavy industry. 

Verdant Microgrid, a developer of distributed generation projects ranging from 1MW to 20MW largely for commercial and industrial (C&I) sector customers, has secured a US$150 million financing agreement to further its activities.